Logistics Platform Shipsy Sets Up Regional Headquarters In Dubai
Gurugram-based digital logistics platform Shipsy has established regional headquarters in Dubai to strengthen its presence in the Gulf Cooperation Council (GCC) countries. The logistics startup plans to help Middle East businesses automate operations and avert pandemic-induced logistics challenges. Shipsy also looks to recruit for leadership and mid-level management roles in […]
Online Pharmacy TABLT Raises $3M In Series A Funding Round
TABLT, a Bharat focussed online pharmacy, has raised $3 million in a Series A round from Siti Cable, a unit of Siti Network. As per the startup, it will use the capital for boosting its business development activities and driving its growth plans. The startup will also use the funding for […]
Healthtech Startup Healthians Expands Services To Additional 100 Cities
Healthtech startup Healthians has announced the launch of its services in an additional 100 cities, marking its presence in over 200 cities. As per the healthtech startup, the move will help generate over 1,500 jobs, especially in Punjab, Haryana and Uttar Pradesh. The new hires will help accelerate Healthians’ aim […]
10club Raises $40M In One Of The Largest Seed Funding Rounds In India
10club, a Bengaluru-based startup and one of the early movers in the eCommerce roll-up space, has raised $40 million in seed funding, making it one of the largest seed funding rounds in the country. Co-led by Fireside Ventures and an undisclosed international investor, the funding round also saw participation from […]
Neobanking Startup Jupiter Acquires AI-powered Savings App Easyplan
Neobanking startup Jupiter has acquired Y Combinator-backed AI-powered savings app Easyplan, making it the second acquisition by Jupiter after it acquired Mitter.io in 2019. Jupiter is a neobanking startup founded by fintech veteran Jitendra Gupta, previously the founder of Citrus Pay (acquired by PayU in 2017) and launched Lazypay. Jitendra […]
Online Teaching Academy Enabler Edmingle Raises $300K Funding
Edmingle, a platform enabling educators to launch their online academy, has secured $300,000 as part of its seed round from Hyderabad-headquartered SucSEED Indovation Fund, Mumbai Angels and other angels. These angels include Gaurav Gulati (Founder of ScaleX Partners) and Jaideep Mehta, CEO at VCCircle. As per the startup, it will […]
Music And Podcast Streaming App Gaana Raises $40 Million In Debt Funding Round
Gaana, a music and podcast streaming app, has raised $40 million in a debt funding round from existing investor Tencent. With a post-money valuation at around $570-$580 million, the funding appears to be one of the largest debt rounds for a consumer internet company in India in 2021. The fresh […]
Survey Reveals That 72 pc MSMEs Are Prioritising Digital Payments Over Cash
The onset of COVID-19 led to the accelerated use of digital payments and induced exponential growth amid the pandemic. And with more digitisation, every big or small enterprise is opting for tech backed solutions for their operations. A survey done by Bluehost, a web hosting solutions provider, revealed that Indian […]
New-age Reseller Platform OneCode To Raise $6 Million Funding
OneCode, a new age reseller platform in the e-commerce space, is in late-stage talks to raise its maiden institutional funding round from Sequoia Capital’s Surge Ventures and Nexus Venture Partners. First reported by Entrackr, citing two sources, the VC firms are in the last leg to put in $6-7 million […]
Lenskart Plans To Open 300 More Stores, Sets Up ‘Lenskart Vision Fund’ To Back Startups
Delhi-based omnichannel eyewear retailer Lenskart is planning to open more than 300 new stores with the relaxation of state-wide lockdowns, taking the total to over 1,000 stores. With over 750 stores in total and more than 720 are in India, the Delhi-based omnichannel eyewear retailer has seen a record shift […]